Retail Space
8310 E F M 3523 Slaton, TX 79364
Details & Description
Price: $975,000
    Property Subtypes:Restaurant, Street RetailBuilding Size (RSF):12,600 SFGross Building Area:See AgentGross Land Area:1.95 AcresSale Price:$975,000Unit Price:$77.38 PSFHas Drive-Thru?YesProperty Use Type:Net Leased Investment (NNN), Investment, BusinessSale Terms:Cash to Seller, Sale/LeasebackCap Rate:UndisclosedLast Updated:6/25/2020Overview / CommentsLocated on FM 3523 and Ransom Road at the entrance to the Ransom Canyon community. Approximately 5 miles east of Lubbock and less than 10 minutes from Buffalo Springs Lake.Investment or owner-user with lease income. Three leased space. Proforma cap rate at 9%. This quality built retail center offers views of both Ransom Canyon and Buffalo Spring Lakes. Fully equipped 3,000SF restaurant with drive-thru and gas-powered brick oven. Eight- 1,200SF suites both completely finished-out and empty shell. Spacious parking. Don't miss out on this great opportunity!Grade level doors in back of buildingTwo outdoor patios with seating
    Additional Photos
    Listing Agents
    David Powell

    O: 806-239-0804
    d.powell@kw.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    8310 E F M 3523

    Slaton, TX 79364

    Listing ID: 175755
    • 8310 E F M 3523 Slaton, TX 79364 | for Sale | Photo 1
    • 8310 E F M 3523 Slaton, TX 79364 | for Sale | Photo 2
    • 8310 E F M 3523 Slaton, TX 79364 | for Sale | Photo 3
    • 8310 E F M 3523 Slaton, TX 79364 | for Sale | Photo 4
    • 8310 E F M 3523 Slaton, TX 79364 | for Sale | Photo 5
    • 8310 E F M 3523 Slaton, TX 79364 | for Sale | Photo 6
    8310 E F M 3523 | for Sale | Thumbnail 1
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    8310 E F M 3523 | for Sale | Thumbnail 6
    Building Size: 12,600 SF
    Lot Size: 1.950 AC
    Land Size: 84,942 SF
    Building $/SF: $77.38
    Land $/SF: $11.48
    Price
    $975,000
    Description


    Property Subtypes:
    Restaurant, Street Retail


    Building Size (RSF):
    12,600 SF


    Gross Building Area:
    See Agent


    Gross Land Area:
    1.95 Acres


    Sale Price:
    $975,000


    Unit Price:
    $77.38 PSF


    Has Drive-Thru?
    Yes


    Property Use Type:
    Net Leased Investment (NNN), Investment, Business


    Sale Terms:
    Cash to Seller, Sale/Leaseback


    Cap Rate:
    Undisclosed


    Last Updated:
    6/25/2020



    Overview / Comments



    Located on FM 3523 and Ransom Road at the entrance to the Ransom Canyon community. Approximately 5 miles east of Lubbock and less than 10 minutes from Buffalo Springs Lake.Investment or owner-user with lease income. Three leased space. Proforma cap rate at 9%. This quality built retail center offers views of both Ransom Canyon and Buffalo Spring Lakes. Fully equipped 3,000SF restaurant with drive-thru and gas-powered brick oven. Eight- 1,200SF suites both completely finished-out and empty shell. Spacious parking. Don't miss out on this great opportunity!Grade level doors in back of buildingTwo outdoor patios with seating


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    Points of Interest & Demographic Radii

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    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Lubbock History of Retail Space for Sale

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    Slaton Area Market Trends

    Listing Demographics for 8310 E F M 3523 Slaton, TX 79364

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population918903,234
    Population Median Age414240
    Population by Age0-9 Yrs11 (12%)109 (12%)437 (13%)
    10-19 Yrs12 (13%)107 (12%)317 (9%)
    20-29 Yrs9 (9%)91 (10%)361 (11%)
    30-39 Yrs9 (9%)100 (11%)445 (13%)
    40-49 Yrs9 (9%)93 (10%)373 (11%)
    50-59 Yrs13 (14%)144 (16%)536 (16%)
    60-69 Yrs18 (19%)154 (17%)440 (13%)
    70+ Yrs9 (9%)93 (10%)326 (10%)
    Median HH Income$75,352$67,422$57,701
    Total Household Income< 24K5 (13%)54 (15%)201 (17%)
    25-49K6 (16%)66 (19%)282 (25%)
    50-74K7 (19%)75 (22%)280 (25%)
    75-99K4 (11%)33 (9%)82 (7%)
    100-199K11 (30%)85 (25%)218 (19%)
    200K+3 (8%)26 (7%)54 (4%)
    Highest Education LevelNo Diploma468449
    Diploma or GED18203832
    Some College17159550
    Assoc. Degree32767
    Bachelors Degree14114263
    Higher Degree763161
    Total Housing Units403901,309
    --Owner-Occupied33295885
    --Renter-Occupied344232
    Owner-Occupied Values< 100K788404
    100-199K1195252
    200-299K972149
    300-399K42752
    400-499K1816
    500K+1511
    Total Working Age Population706982,546
    In Work Force464471,479
    Not In Work Force232511,067
    Workforce Employed464431,464
    Workforce Unemployed0415
    Civlian Workforce464471,479
    Military Workforce000
    Total Households363391,117
    Family Households26243776
    Non-Family Households1096341
    Married Couple23197533
    Other Family346243
    Married w/Child757162
    Single Male w/Child11378
    Single Female w/Child0836

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Texas20,851,820+2125,145,561+1829,677,668+1834,894,452
    Lubbock County242,628+15278,831+14317,210+16367,552

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 8310 E F M 3523 in Slaton?
    The asking price for 8310 E F M 3523 is $975,000
    What is the building size of this Retail property in Slaton, TX?
    The size of the building/unit at 8310 E F M 3523 in Slaton is 12,600 square feet
    How much land does the Slaton, TX property at 8310 E F M 3523 include?
    8310 E F M 3523 in Slaton includes 1.950 acres of land
    What is the population within 1 mile of 8310 E F M 3523 in Slaton?
    The population within 1 mile of 8310 E F M 3523 Slaton, TX 79364 is 91 people.
    Who do I contact for questions about 8310 E F M 3523?
    You should contact the listing agent, David Powell, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Lubbock Preston Smith International Airport (LBB) 11
    Rick Husband Amarillo International Airport (AMA) 116
    Sheppard Air Force Base-Wichita Falls Municipal Airport (SPS) 186